
Bitcoin Longs Worth $700M Liquidated as Price Falls Below $60K
Over $700 million in Bitcoin long positions were wiped out as BTC slipped under $60,000, reflecting weak demand and sustained losses across the market.
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Over $700 million in Bitcoin long positions were wiped out as BTC slipped under $60,000, reflecting weak demand and sustained losses across the market.

Bitcoin fell below $60,000 triggering a wave of forced selling across crypto markets, with $895 million in positions liquidated in a sharp sell-off.

Real estate mogul Grant Cardone added 282 Bitcoin to his holdings as broader crypto markets continued to slide, signaling confidence in BTC at lower prices.

Real estate firm Cardone Capital has purchased 282 more Bitcoin for roughly $18 million, pushing toward a stated goal of holding 3,000 BTC by 2026 funded by rental income.

Cardone Capital has purchased 282 Bitcoin for approximately $18 million, expanding its hybrid strategy that blends real estate with direct cryptocurrency holdings.